Pre-Market Technical Scan on Oil & Gas Equities -- HollyFrontier, Marathon Petroleum, NGL Energy Partners, and Phillips 66

Loading...
Loading...

NEW YORK, March 20, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on HFC, MPC, NGL, and PSX which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market today, WallStEquities.com observes the recent performance of HollyFrontier Corp. HFC, Marathon Petroleum Corp. MPC, NGL Energy Partners L.P. NGL, and Phillips 66 PSX. These stocks belong to the Oil and Gas Refining and Marketing space, which involves the refining of petroleum crude oil and the processing and purifying of raw natural gas as well as the marketing and distribution of products derived from crude oil and natural gas. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

HollyFrontier

On Monday, shares in Dallas, Texas headquartered HollyFrontier Corp. recorded a trading volume of 1.77 million shares. The stock ended the session 0.54% lower at $46.26. The Company's shares have gained 63.58% over the past year. The stock is trading 21.82% above its 200-day moving average. Moreover, shares of HollyFrontier, which operates as an independent petroleum refiner in the US, have a Relative Strength Index (RSI) of 50.80.

On March 07th, 2018, research firm Credit Suisse resumed its 'Neutral' rating on the Company's stock, with a target price of $53 per share. Get the full research report on HFC for free by clicking below at: www.wallstequities.com/registration/?symbol=HFC

Marathon Petroleum

Findlay, Ohio headquartered Marathon Petroleum Corp.'s stock closed the day 0.67% lower at $69.21 with a total trading volume of 2.72 million shares. The Company's shares have advanced 2.08% in the past month, 7.04% in the previous three months, and 36.27% over the past year. The stock is trading 1.36% and 15.85% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Marathon Petroleum, which together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the US, have an RSI of 54.85.  

On March 12th, 2018, Marathon Petroleum (MPC) announced the appointment of Kristina A. Kazarian to the position of Vice President - Investor Relations, effective April 02nd, 2018. Kazarian will serve as a corporate officer for both MPC and MPLX, the master limited partnership sponsored by the former, and report to MPC Chairman and CEO Gary R. Heminger. She will maintain offices in Findlay and New York City. Free research on MPC can be accessed at: www.wallstequities.com/registration/?symbol=MPC

NGL Energy Partners

Shares in Tulsa, Oklahoma headquartered NGL Energy Partners L.P. recorded a trading volume of 918,405 shares, which was higher than their three months average volume of 864,610 shares. The stock ended yesterday's trading session 3.90% lower at $11.10. The Company's shares are trading below their 200-day moving average by 11.16%. Furthermore, shares of the Company, which through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the US, have an RSI of 34.75.  

On March 19th, 2018, NGL Energy Partners (NGL) announced that the Board of Directors of its general partner declared a distribution for the quarter ending March 31st, 2018, to be paid to the holders of the Partnership's 9.00% Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Class B Preferred Units") in accordance with the terms outlined in NGL's partnership agreement. The Class B Preferred Units distribution of $0.5625 per unit will be made on April 16th, 2018, to holders of record on April 02nd, 2018. Visit WallStEquities.com now and sign up for the free research on NGL at: www.wallstequities.com/registration/?symbol=NGL

Phillips 66

Houston, Texas headquartered Phillips 66's stock finished Monday's session 1.45% lower at $94.40 with a total trading volume of 1.72 million shares. The Company's shares have advanced 1.76% in the last month and 18.09% over the past year. The stock is trading above its 200-day moving average by 4.00%. Additionally, shares of Phillips 66, which operates as an energy manufacturing and logistics company, have an RSI of 47.18.

On March 07th, 2018, research firm Credit Suisse resumed its 'Neutral' rating on the Company's stock, with a target price of $110 per share. The free technical report on PSX is available at: www.wallstequities.com/registration/?symbol=PSX

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

 

View original content:http://www.prnewswire.com/news-releases/pre-market-technical-scan-on-oil--gas-equities----hollyfrontier-marathon-petroleum-ngl-energy-partners-and-phillips-66-300616515.html

SOURCE Wall St. Equities

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...